Applying the New Lease Guidance for Restaurants and Retail
Recent Blogs
FRS 102 Changes You Need to Know for UK GAAP & IFRS Alignment
1. What is FRS 102? 2. Effective date of changes 3. Overhauling to align with global standards 4. Revised FRS 102 Section 20 vs. IFRS 16: Key comparisons in lease accounting 5. What this means for your organisation Impact and considerations 6. Next steps: Getting...
ASC 842 Disclosure Requirements Explained with Examples
1. A focus on quantitative disclosures for lessees 2. Why software makes generating disclosures more accurate and efficient 3. Looking at quantitative disclosures in four “buckets” Lease costs Other information Weighted averages Maturity analysis 4. Summary 5. Related...
Lease Amendment Accounting Explained: Expansion of Leased Premises
1. Accounting for amendments resulting in additional assets under ASC 842 Example: Accounting for amendments resulting in obtaining additional asset under ASC 842 2. Summary 3. Related articlesThis article will discuss how to account for a lease when the tenant...
